Contributor.

Tilman EhrbeckCGAP

As its CEO, Tilman Ehrbeck is responsible for the strategic direction and management of CGAP, a global partnership of over 35 development agencies, private foundations and national governments that share a common vision of improving the lives of poor people with better access to finance. Established in 1995 and housed at the World Bank, CGAP combines a pragmatic approach to market development with an evidence-based advocacy platform. It develops innovative solutions for financial inclusion through practical research and active engagement with financial service providers, policy makers and funders.

As part of NextBillion Financial Innovation’s launch, we invited a number of top innovators and leaders to contribute their views on financial innovation – what’s driving it, where momentum is heading, and what obstacles remain. Today Tilman Ehrbeck, CEO of CGAP, explores why financial exclusion has persisted at the BoP, and how innovation is turning this around.